Kelly Services, Inc. (NASDAQ:KELYA) declared a quarterly dividend on Wednesday, August 9th, Wall Street Journal reports. Investors of record on Tuesday, August 22nd will be paid a dividend of 0.075 per share by the business services provider on Friday, September 1st. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend is Friday, August 18th.

Shares of Kelly Services (NASDAQ KELYA) traded up 3.18% on Wednesday, hitting $22.74. 232,514 shares of the company were exchanged. Kelly Services has a 52-week low of $18.01 and a 52-week high of $24.70. The firm has a market cap of $870.65 million, a P/E ratio of 7.35 and a beta of 0.98. The company has a 50-day moving average price of $22.57 and a 200 day moving average price of $22.19.

Kelly Services (NASDAQ:KELYA) last posted its quarterly earnings results on Wednesday, August 9th. The business services provider reported $0.47 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.24. Kelly Services had a net margin of 2.37% and a return on equity of 6.39%. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter last year, the firm posted $0.29 earnings per share. Kelly Services’s revenue for the quarter was down 3.0% compared to the same quarter last year. Analysts predict that Kelly Services will post $1.72 EPS for the current fiscal year.

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In other news, insider Antonina M. Ramsey sold 15,000 shares of Kelly Services stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $24.13, for a total transaction of $361,950.00. Following the sale, the insider now owns 47,678 shares in the company, valued at $1,150,470.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Donald R. Parfet sold 22,029 shares of Kelly Services stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $23.10, for a total transaction of $508,869.90. Following the sale, the director now owns 23,520 shares in the company, valued at approximately $543,312. The disclosure for this sale can be found here. Company insiders own 13.30% of the company’s stock.

Several research firms recently commented on KELYA. BidaskClub lowered shares of Kelly Services from a “sell” rating to a “strong sell” rating in a report on Monday, July 31st. ValuEngine lowered shares of Kelly Services from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Zacks Investment Research lowered shares of Kelly Services from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, Northcoast Research restated a “neutral” rating on shares of Kelly Services in a report on Friday, May 12th.

Kelly Services Company Profile

Kelly Services, Inc is a workforce solutions provider, which is engaged in offering a range of specialty services. The Company provides workforce solutions in three regions: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). The Company’s segments are Americas Commercial, Americas Professional and Technical (Americas PT), EMEA Commercial, EMEA Professional and Technical (EMEA PT), and Outsourcing and Consulting Group (OCG).

Dividend History for Kelly Services (NASDAQ:KELYA)

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